Actually, it is a proposal to finance the reforms both in the community and in housing, which presents an appropriate fixed interest rate for the entire expected period, without additional expenses of the feasibility study commission.
This product allows you to have a capital from a minimum of 3,000 euros up to a maximum limit of 24,000 euros.
In addition, a repayment term of up to 5 years is contemplated.
As for the interest rate, it is fixed at a nominal 6.25% – resulting in an APR of 6.877% for a loan of 10,000 euros, with a repayment term of 5 years, and an opening fee of 1.00% – .
And for a one-year term operation: 8.448% APR.
In order to the usual commissions, a cost is included for the one of opening of 1.00%, and in second place, a commission for partial or total anticipated cancellation of 0.50% is recognized.